Genting Sing    Last:0.74   -

outlook

mother kenna short, daughter oso kene short. I think they have a worng move, they should not issue right maybe bond will be a better choice or warrant.

 

it will not fail, but i wonder how genting get so much money to build the IR. I though everyone is confident to this stake, but refer to the right and mother share, it's not...

 

I think many people short this counter.

 

singapore government will not let those thing happen..

anyway, i am interested to see after the rights, how much is the mother share of genting.

 

Look like our IR sentosa going to be a failure project if nobody subscribe for the right.

 

hi,

 just my 2 cents for all newbies who arent familiar with rights issues.
 i don't see any point buying the rights issue from the market since gap is only 2 cents.

current rights price 0.025 current mother price 0.645,  if you exercise your rights you are paying 0.025 + 0.6 + commission for rights. 

 you are much better off buying the mother issue once the date for selling the rights is over as most likely
 there will be a bit more selling immediately after people get new mother shares from rights shares.


good luck
 

 

EastonBay,  No I do not have Gen Int shares. I did not study details hence cannot answer your Q. sorry.

 

Hi ahyi123,

Thanks for the explanation, it's clearer now.

I have another concern regarding the genting right. If I buy the right at 0.015 as indicate below, and I need to purchase the right 0.60 to convert to mother share, so where should I purchase the right 0.60? Through ATM also? Through security firm?

	Gen Int		0.645	-0.015	-2.3	27,265	6,460	0.640	0.645	852	0.655	0.640	SERV
	Gen Int R		0.015	-0.020	-57.1	112,634	23,415	0.015	0.020	26,879	0.030	0.015	SERV
	Gen Int R600		0.015	-0.015	-50.0	613	30	0.015	0.020	196	0.030	0.015	SERV

Can you please explain what the different between Gen Int R and Gen Int R600? which one should I buy + 0.60 to convert to mother share?

please advice. thanks...

 

Spider,

You can apply the Genting Int right at the bank via ATM.  take note of the followings:-

1) You have to pay for the rights issue under your dad's saving account.

2) Follow the instruction in the ATM.  You need to key in the no of right issue to 3000 (If that is the number of rights that is indicated in your ARE form which is yellow in colour), excess rights to 0 (unless the right issue shares are odd lots and you want to buy the balance to round off to the nearest thousand. Example : Right issue 1600 shares, you can buy another 400 shares as excess rights.) and the security number.  You can find the security number in the ARE form that your dad received.   

3) Retain the print out from the ATM machine.

4) If you pay through ATM, you don't need to send the ARE form back.

 

 

if the Genting R drop to 0.005, how does it affect the mother shares? care to explain, anyone?

 

One must get the message...

No matter how crudely or eloquently put across...

And then, one must also not be judgemental...

 

I from Himalayan mountains so english not weli good.

Thank you once again

 

Suffocation from laughter (Stomach ache!!)

WT aka Roberts full of compassion and love

 

white tiger..... guess u r the funniest joker around...cant even write simple words....wat u mean sarisfy?shame on yr english.....stop being a clown....pity u....get lost!! 

 

Wow... :)

when I read the last line of your comments ("oceons of love") , I can't help imagining you to be a giant diety of sorts...

I am so much inclined to pay my respects to you, Sir.


hehehe ...  

 

Nothing can express the funniess of jokes presented in this thread. Thank you so much for the relentlessly funny jokes that you all sacrisfy for my laughing purpose. Thank you soo much once again.

 

Choked with laughter wit tears rolling down my cheek...

WT aka Robert with oceans of love

 

pension,will the rights fall until no more value?0 worth?

 

Hello all I'new to rights issue, can someone explain to me what is right about & whether it's worthwhile to purchase it at 60ct

Thank you first

 

 

well...this burger likely will be surpressed to keep price low and force Right holders to dump their shares...

very soon it will be 0cts values...that will be the tactic use...hee...no $$ no fight :P

 

shit...dun think it will go up any fyrther....will let go at 0.01-bought at 0.075-2000000...

 

spider, why don't you try going to ATM machine. I understand that you will be asked to key in your (dad) CDP account no when applying for shares be it IPOs or right shares.. then it is linked. I maybe wrong, but that's how my CDP account was so called linked up to my bank account.

 

Tiandi, I assume you are vested. Do you think it is worth subscribing to the rights shares at 60c? thanks.